Delta variant forces CBRE to revise its economic forecast
THE LONG-AWAITED RETURN of business travel may be delayed as a result of the Delta variant of COVID-19, according to CBRE Hotels Research. As...
Hotel stock index rose 5.2 percent September
HOTEL STOCKS ROSE in September based on higher-than-expected group travel business, according to the Baird/STR Hotel Stock Index. The index rose 5.2 percent during...
STR: Occupancy, RevPAR dip in first week ending Oct. 2
THE PERFORMANCE OF U.S. hotels dipped for the first week of October when compared to previous week, according to STR.
Occupancy was 61.7 percent for...
Expedia: Outdoors, leisure destinations are top choices now
AS HOLIDAY TRAVEL planning is underway for Thanksgiving and Christmas, sunny beachside destinations across Mexico, the southern U.S. and the Caribbean, have emerged as...
STR: Group travel demand remains up in week ending Sept. 25
THE GROUP TRAVEL business for U.S. hotels rose again to almost 1.3 million for the last full week of September, according to STR. It...
STR: Occupancy hits 4-week high for U.S. hotels
GROUP TRAVEL CAME to the rescue for U.S. hotels during the second week of September, bringing occupancy up to a 4-week high, according to...
Kalibri Labs: Demand will continue as U.S. hotels recover
THERE HAS BEEN a slight increase in ADR in U.S. hotels in the week ending Sept. 3, compared to same period two years ago,...
STR: U.S. hotels’ performance down again in week ending Sept. 11
WITH LABOR DAY in the nation’s rear-view mirror, U.S. hotels’ performance dropped some during the second week of September compared to the week before.
Occupancy...
Hotel stock index dropped 3.4 percent in August
INVESTORS REMAINED CONSERVATIVE in August, leading to a decline in the Baird/STR Hotel Stock Index from the month before. The downward pattern may continue...
STR: Labor Day, Hurricane Ida boost hotel performance as September begins
LABOR DAY WEEKEND, as well as other factors including evacuations from Hurricane Ida, provided a boost to U.S. hotels’ performance in the opening week...
